A Comprehensive Guide to Maine Lakefront Real Estate
Owning a home along a tranquil lake is a dream that can become a reality in Maine. When contem of such things, a quote by Henry David Thoreau comes to mind:
"A lake is the landscape's most beautiful and expressive feature. It is the earth's eye, looking into which we measure the depth of our own nature."
As you use our waterfront real estate tools we hope you share in our poetic excitement when it comes to Maine's lakes.
Unmatched Natural Beauty
Maine's lakes are scatter throughout the state. One of the biggest and most populated year round is Sebago Lake, only 40 minutes from Portland. Others include Belgrade, Rangley, Great Pond and Moosehead. However, there are nearly 6,000 that are larger than 1 acre and many of them include both season and permanent residences.
Maine's beautiful lakes and ponds provide not only unmatched natural beauty, but easy access to all types of recreation, during all four seasons.
Many Real Estate Options
When it comes to Maine lakefront real estate, although it is not always prudent to generalize, properties tend to be less expensive the farther up the Maine coastline you go and the farther inland you go.
With more and more people, both in state and out-of-state willing to pay a premium for coastal or lakefront real estate, values seem to be steadily increasing, as you can see in our report on Historical Homes Sales. Even during the 2008/2009 real estate decline period, waterfront homes have maintained their value.
Additional Lake Resources
PEARLLakes of Maine (previously known as PEARL) is supported through a
collaboration of research, management, and citizen-volunteer
organizations, and is a superb example of cooperative stewardship. It is
a searchable data base for Maine lakes initially created in
collaboration between the University of Maine and the Maine Department
of Environmental Protection (DEP). You can access just about anything
there is to know about any given lake or watershed. Size, depth,
location, fish species, plants are all available. The Knowledge Base
includes the most current articles and scientific data.
resource will not only provide environmental information, but will be a
place where you can search specific lakes by name and their exact
location using interactive maps and tools.
Maine offers many opportunites to own lakefront property, whether as a year round home, rental property, vacation retreat or a simple camp.
Access Maine lake maps to assist you in identifying the location that is best for your home or lot purchase. These maps provide local information, general location and supporting data.
Just what is considered a shoreland in Maine is important you are thinking about long-term options for your property.
All land within 250 feet of the highwater line of any pond over 10 acres, any river that drains at least 25 square miles and all tidal water and saltwater marshes
All land with 250 feet of a freshwater wetland over 10 acres.
All land within 75 feet of streams that are outlet of great ponds or streams below the confluence of 2 perennial streams.
Real Estate Values Although not true in all cases, real estate prices tend to be less expensive the farther up the Maine coastline you go and the farther inland you travel.
Maine has long been a destination for second homes either along the coast or one of our beautiful lakes or rivers.
Following several years of depressed pricing, the market is improving and it appears to be a good time to make a purchase.
Customize Your Search
Our home search is very easy to use. Select your price range, location, waterfront type and home style. Receive email updates of all matching properties. You will have access to all properties for sale in the Maine MLS.
Why Use a Buyer's Agent
By retaining the services of a qualified and professional Buyer's Agent, you have access to equal representation in the real estate transaction.
If you are thinking of buying a home, or are in the process of buying one, you can't afford to do it alone.
Local knowledge can be hard to come by. While the Internet can be a good place to begin your search, there is no substitue for hands-on experience in the local market.
Often times we'll meet a client for the first time and we'll have to spend a great deal of time unraveling all the myths and misconceptions that have accumulated before arrival.